At a Glance • Challenge Create a unifying reward framework to attract and retain top performers, and provide employees with a broader, more holistic view of compensation, benefits and intangible elements • Approach Analyzed reward programs, conducted in-depth interviews with business leaders, created a new reward framework and launched several workforce programs • Result Employees have responded very favorably to new programs; leaders are speaking the same reward language, and employees better understand the employee value proposition. David Lobo, chief HR officer, GE India Inventions that included the world’s first X-ray machine and electric toaster in the late 1800s got General Electric (GE) off the ground. Now the company does business in more than 100 countries, with about 60% of its revenues coming from outside the U.S. To simplify its sprawling conglomerate, GE recently sharpened its focus on regional markets by creating a Global Growth Organization based in Hong Kong. This allows the many operating divisions to focus on geographic regions while GE creates a more cohesive identity around the world. An integral part of this reorganization is GE India. Buku gitar melodi pdf writer. “To enhance its growth prospects in India, GE implemented a new organizational structure for GE India,” says David Lobo, GE India’s chief HR officer. This is an Official firmware update link for Sony PlayStation 3. Check out Most Popular post: • • How To Jailbreak PS3 4.81 with USB 1. Ps3 jailbreak 3.55 download ps3 custom firmware. ![]() “Different India-based business units — each with its own reward structure — were consolidated into one. The change made GE India not only more competitive, but also better able to attract the talent it needs. This is important, as GE continues to brand GE India as a great place to work. The effort is evidence of GE’s belief in creating great environments in which to launch and advance careers, building strong local leadership teams and growing local talent pools by investing in employees’ development. Employee Reward Programs; Employee Incentive Programs; EMPLOYEE INCENTIVE PROGRAMS Engage Your Employees with Point Programs. Awards Network employee incentive programs can be setup for you to do as much or as little administration as you like. Our online reporting dashboard is available 24/7 for program administrators will give you access. “In Asia’s fast-growing economy, there’s intense competition for workers with critical skills. The competition is particularly fierce for some categories of employees. We really needed a unifying reward framework that would help us attract and retain top performers. To do this successfully, we needed a common HR framework for all of GE India. “We had to examine the unique characteristics of our multiple businesses, and meld them into one organization with a unified culture,” Lobo says. “It was critical for us to create One GE India.” At the same time, company leaders wanted to help employees understand and appreciate the full value of GE India’s employee value proposition (EVP) by providing them with a broader, more holistic view of compensation, benefits, and intangible elements such as learning and career development. The company turned to Towers Watson for help. “We wanted to build a strong partnership with a company that not only thoroughly understands the changing market and reward strategies, but also knows GE and its India operations,” says Leena Sahijwani, head of rewards at GE India.
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